ABB has announced that it will buy GE’s Industrial Solutions business for $2.6 billion.
Korea Southern Power Co (KOSPO) has announced that it will be making significant investments into new and renewable energy projects.
The Indian state of Karnataka may be facing power shortages in the coming days, as the state’s coal-fired power plants face a critical drop in coal supply, with stocks available for just one day.
Symbion Energy and Highland Group Holdings Ltd (HGHL) have signed an agreement under which HGHL will invest $100 million towards the extraction of methane from Lake Kivu, on the border between Rwanda and the Democratic Republic of Congo.
French energy firm Engie and Dubai’s private equity firm Abraaj Group have announced a partnership to build a wind power platform in India.
China General Nuclear Power Corporation (CGN) has said that it is exploring a bid to invest in Toshiba’s troubled £15 billion Moorside nuclear power station on the Cumbrian coast in northwest England.
Siemens has announced that its SGT-800 industrial gas turbine has been upgraded to enable it to achieve a power output of 57 MW and an efficiency of over 40 per cent in simple cycle application.
Saudi Arabia has said that it will launch a tender process for its first nuclear reactors in October, and will reach out to potential vendors from countries including France, South Korea, and China.
MAN has announced the launch of its latest in the line of its diesel engines, the 26 MW MAN 20V45/60.
GE Renewable Energy has unveiled its new 4.8-158 onshore wind turbine, GE’s largest high efficiency turbine to date.